Legal entity types in Russia compared
We are experts in helping business owners navigate the complexities of Russia’s business structures. Our services will help you select the best structure for your venture and ensure you meet all legal requirements. Let’s discuss the different business structures and how we can aid you in establishing your business in this thriving country that spans Europe and Asia.
Legal entities in Russia
Here is a summary of the most commonly used legal structures in Russia:
| Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
|---|---|---|---|---|
| Limited Liability Company | Общество с ограниченной ответственностью | RUB 10000 (€ 1.5) | Directors | 10 days |
| Public joint-stock company | Публичное акционерное общество | RUB 100000 ($ 1620) | Board of directors | 25 days |
| Private joint-stock company | Закрытое акционерное общество | RUB 10000 (€ 1.5) | Board of directors | 20 days |
| Branch Office | – | – | Branch manager | 15 days |
| Holding Company | – | – | Board of directors | 10 days |
Limited Liability Company (Общество с ограниченной ответственностью)
The Limited Liability Company is a popular choice for businesses in Russia, providing owners with limited liability protection. Its flexible management and capital requirements make it a suitable option for entrepreneurs. Our team is available to assist you in establishing your Limited Liability Company in Russia.
Private joint-stock company (Закрытое акционерное общество)
The Private joint-stock company is a popular choice for big companies in Russia because of its capacity to obtain funds through private offerings and its flexibility in share transfers, which provide important benefits. We are available to help you with the registration of your Private Joint-Stock Company in Russia.
Public joint-stock company (Публичное акционерное общество)
The public joint-stock company is a popular choice for big businesses in Russia due to its capacity to gather funds through public offerings and its flexibility in share transactions, which provide notable benefits. We are available to help you with the registration of your Public Joint-Stock Company in Russia.
Branch Office
A branch office is a continuation of the main company, enabling it to operate in a different area while keeping its legal identity intact. Choosing to establish a branch office in Russia can benefit businesses seeking to grow in the country without having to form a distinct legal entity. By operating as a branch, the parent company can capitalize on its established brand and resources while entering new markets. We provide extensive assistance in navigating the complexities of establishing and running a branch office in Russia, guaranteeing a seamless and compliant entry into the market.
Holding Company
A holding company is commonly used to control other companies by owning their shares. In Russia, forming a holding company can bring advantages like centralized management, risk diversification, and tax benefits. Structuring your business this way can help you manage multiple subsidiaries effectively, simplify decision-making, and improve tax planning. Our team of experts can offer personalized support to assist you in setting up and running a holding company in Russia, making sure you follow all regulations and make the most of your corporate structure.
Requirements for starting the business
Let’s look at the key components needed to establish a business entity in Russia and how our committed team supports you throughout the entire process.
Minimum share capital
Russia requires a specific amount of share capital based on the business structure chosen. Our team helps determine the minimum share capital necessary for starting your business, regardless of the type of company. We collaborate with you to meet regulatory standards and make the best use of your finances.
Directors and shareholders
In Russia, every company must have directors and shareholders. Our experts provide valuable guidance when selecting directors to ensure they bring valuable experience and align with your future goals.
Legal duties and obedience
It is essential to keep up with obligations such as “registration with the relevant authorities, ongoing reporting, and tax requirements.” Our legal team handles the administrative tasks to ensure full compliance, letting you concentrate on your core operations without worrying about the paperwork.
Book a consultation
The team dedicates time to comprehend your objectives, field, and obstacles, allowing for tailored assistance during the establishment of your business. We promise a smooth and trouble-free path to constructing a successful company in Russia through our expertise and commitment to excellent service. Do not let the challenges of setting up a company in Russia stand in the way of your success. Trust us to assist your firm in reaching its maximum potential. To start your path to success, reach out to us today. Complete and submit the inquiry form provided below, and our experts will reach out to you.